Explore the 1,000’s of tax questions answered by professionals.

I run an exercise studio and provide advertising, space, and collect payments for the instructors. Gross revenue is reported .... ... read on

My daughter and I have four $1,000 "co-owned" Series EE bonds purchased in 8/1992 with each valued at $1,395. She .... ... read on

I am married filing jointly and together we earl less than $90,000. We have two children, one of which is .... ... read on

As a small business where my wife and I are partners, we paid ourselves and withheld quarterly payroll taxes. The .... ... read on

I purchased a home in 2010 and received the $8,000 first time homebuyer tax credit. I will be working away .... ... read on

Can I write off the cost of a vehicle as a contract pilot? ... read on

I inherited a piece of furniture in 2002 that was appraised for the estate at $65,000. I am selling it .... ... read on

I sold my restaurant on a short sale in 2012. I will have a net capital loss as well as .... ... read on

Can I pay off my granddaughters student loan and claim it as a credit on my taxes? The loan .... ... read on

Can I depreciate farm equipment even if I do not own the equipment? ... read on